Tax term referring to cash or property of a type not included in the definition of a nontaxable exchange. The receipt of boot results in an otherwise tax-free transfer becoming taxable to ...
Right to profit by utilizing the assets of another's land. A profit a' prendre would include the right to use and mine another's property recovering and removing any assets. ...
Additional utility an individual receives when purchasing an additional unit of a commodity or service. Represents a trade off between units of cost and unit of utility. For example, an ...
Joining together of two or more business entities or persons in order to undertake a specific business venture in a real estate. A joint venture is not a continuing relationship such as a ...
(1) Municipality: Legal process by which a municipality expands its territory to include part of an adjacent unincorporated area.
(2) Fixtures: Act of permanently attaching a fixture to ...
Another residence in addition to the main residence where a person or family resides. An example is a second home out of the city used on weekends and during vacations. Interest and real ...
Yes and no.The yes part of the answer is pretty standard; we’ve been covering it in the many many articles we put out on our real estate advice and tips page exposing the ...
When a home is marked “as is”, it means the home seller will not take part on any renovations, will not fix any defects the home buyer might bump into. If the home buyer wants ...
You’ve searched all through the internet regarding how to close a real estate deal without an agent and now you’ve arrived here and we hope that you finally have the answer you ...
On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because he works on the buyer\'s behalf and it ...
Say you are the proud Tenant of a home and you made the greatest deal ever – it’s in an awesome neighborhood, it has a sweet rent price and it came already fully furnished; ...
Considering that property depreciation is the phenomenon of an asset losing worth due to its use over time, home depreciation is not only common but inevitable.
However, this is ...
Not only can one convert a warehouse into a home, but many people have been doing just that. Converting a warehouse into a loft living space is actually kind of a trend which started ...
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